Status: Off The Market
Posting ID: 267869
Call / Email
Asking Price
NOTE: This BizBen Posting #267869 Storage, Moving, Trucking Service - Absentee Run in Butte County is currently INACTIVE Today (Either: It's In Escrow, It's Sold, or Is Off The Market Temporarily) - Please See Today's ACTIVE Postings below that match this posting's attributes. For your convenience there are also helpful links below to assist you in your search to buy or sell a small to mid-sized business that matches your criteria. Thank you for using BizBen.com.
Attributes:
Cash flow
$631,374
Revenue
$2,206,144
Down
Call/Email
Posting: 283806 | Available | 4/25/24
Well-established and highly profitable FedEx ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$1,600,000
Cash flow
$303,618
Revenue
$921,744
Down
Call/Email
Posting: 281503 | Available | 3/27/24
Well-established and highly profitable FedEx Linehaul routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$800,000
Cash flow
$380,000
Revenue
$1,829,418
Down
$135,000
Posting: 285864 | Available | 4/1/24
Rare opportunity to own a FedEx P&D routes with a 6-DAY/WEEK operation! Hit the ground running with 7,200 stops per week.
Asking Price
$1,350,000
Cash flow
$428,000
Revenue
$1,514,191
Down
Call/Email
Posting: 280021 | Available | 10/12/23
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since inception.
Asking Price
$1,375,000
Cash flow
$88,000
Revenue
$175,000
Down
$165,000
Posting: 285885 | Available | 5/1/24
This established mobile truck and trailer repair service, with a history spanning over 60 years, is now on the market. The current proprietor, having dedicated 47 years to its operation, is seeking retirement and looking to pass on the business.
Asking Price
$165,000
Cash flow
$395,783
Revenue
$1,498,836
Down
Call/Email
Posting: 282295 | Available | 2/9/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,225,000
Cash flow
$475,000
Revenue
$2,630,000
Down
$155,000
Posting: 284628 | Available | 5/9/24
These are eighteen FedEx home & ground delivery routes for sale for $1,550,000. It is currently grossing at $2,630,000+ and has estimated adjusted cash flow of $475,000+ per year. It includes 24 FedEx delivery vehicles worth an estimated $892,000+
Asking Price
$1,550,000
Cash flow
$368,986
Revenue
$1,305,980
Down
Call/Email
Posting: 284111 | Available | 1/20/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,300,000
Cash flow
$170,000
Revenue
$875,000
Down
$163,000
Posting: 286407 | Available | 5/6/24
Secure a foothold in the FedEx network with a compact operation, boasting a 2021 and 2022 fleet. It is eligible for SBA financing. Work in a recession-resistant industry where weekly pay is guaranteed. Straightforward business model - simply manage your fleet and team of drivers.
Asking Price
$650,000
Cash flow
$841,620
Revenue
$3,004,388
Down
Call/Email
Posting: 286603 | Available | 5/16/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each business, which is comprised of multiple routes, comes with (1) truck and (1) experienced driver already in place for each route.
Asking Price
$2,550,000
Cash flow
$545,133
Revenue
$1,812,215
Down
Call/Email
Posting: 286480 | Available | 5/8/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,525,000
Cash flow
$200,000
Revenue
$1,046,000
Down
$181,250
Posting: 284627 | Available | 5/14/24
New Pricing! These are ten FedEx home & ground delivery routes for sale for $725,000. Currently grossing at $1,046,000 + and has estimated adjusted cash flow of $200,000 + per year. This includes 10 FedEx delivery vehicles that are worth an estimated $313,000 and 11 employees (FT & PT) in place.
Asking Price
$725,000
Cash flow
$159,322
Revenue
$439,507
Down
Call/Email
Posting: 286259 | Available | 4/25/24
Well-established and highly profitable FedEx Linehaul routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$375,000
Cash flow
$154,408
Revenue
$606,337
Down
Call/Email
Posting: 277924 | Available | 10/17/23
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$575,000
Cash flow
$266,399
Revenue
$931,450
Down
Call/Email
Posting: 281666 | Available | 2/9/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$825,000
Cash flow
$684,968
Revenue
$2,404,477
Down
Call/Email
Posting: 283556 | Available | 3/20/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$1,875,000
Cash flow
$377,883
Revenue
$1,377,799
Down
Call/Email
Posting: 284650 | Available | 1/12/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,250,000
Cash flow
$196,234
Revenue
$861,319
Down
Call/Email
Posting: 280838 | Available | 3/13/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$700,000
Cash flow
$642,582
Revenue
$2,673,964
Down
Call/Email
Posting: 283240 | Available | 10/7/23
Well-established and highly profitable FedEx Linehaul routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,350,000
Cash flow
$89,310
Revenue
$318,870
Down
Call/Email
Posting: 280227 | Available | 12/17/23
This portable storage and moving franchise was established in 2005 and covers most of the San Francisco Bay Area where there is high demand for portable storage services. It is part of a network of 113 franchises across the US and Canada. The seller owns another successful franchise in SoCal.
Asking Price
$799,000
Cash flow
$431,994
Revenue
$1,480,061
Down
Call/Email
Posting: 283996 | Available | 2/10/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,250,000
Cash flow
$302,357
Revenue
$925,283
Down
Call/Email
Posting: 283973 | Available | 2/10/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$850,000
Cash flow
$129,170
Revenue
$543,375
Down
Call/Email
Posting: 283139 | Available | 2/9/24
Well-established and highly profitable FedEx Linehaul routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$450,000
Cash flow
$305,578
Revenue
$1,089,786
Down
Call/Email
Posting: 286477 | Available | 5/8/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$900,000
Cash flow
$316,455
Revenue
$1,127,175
Down
Call/Email
Posting: 278773 | Available | 4/3/24
Well-established and highly profitable FedEx Linehaul routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$750,000
Cash flow
$325,139
Revenue
$1,185,220
Down
Call/Email
Posting: 277306 | Available | 2/9/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$1,000,000
Cash flow
$250,000
Revenue
$926,000
Down
Call/Email
Posting: 285695 | Available | 5/8/24
Looking to step into the lucrative world of moving services? Look no further! Strategically headquartered in Los Angeles, this licensed and insured moving company boasts impeccable credentials with all necessary paperwork in place USDOT, MTR, and CA regulations fully compliant.
Asking Price
$379,000
Cash flow
$453,688
Revenue
$1,620,548
Down
Call/Email
Posting: 284914 | Available | 1/30/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$1,400,000
Cash flow
$131,973
Revenue
$276,507
Down
$260,000
Posting: 285719 | Available | 5/11/24
This burgeoning Encino eatery is the quintessential 5-day deli opportunity that boasts solid earnings despite its abbreviated operating hours. The venue, which is known for its high foot traffic location and inviting atmosphere, provides a cozy space.
Asking Price
$225,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 285637 | Available | 5/12/24
This is a great opportunity to get into the bar business. This establishment has been around for over a decade. The neighborhood bar is located in a vibrant setting surrounded by multiple restaurants and other bars. This bar is known for creative and fun cocktails. A local iconic spot with regulars.
Asking Price
$399,999
Cash flow
$219,950
Revenue
$219,950
Down
$2,900,000
Posting: 283295 | Available | 5/12/24
This Silverlake restaurant and bar with liquor, onsite parking, and excellent street visibility boasts what may arguably be the most coveted outdoor patio in the area. The venue has 3 dining areas that open into an adjacent bar and outdoor patio. The corner property is included!
Asking Price
$2,900,000
Cash flow
Call/Email
Revenue
$4,500,000
Down
Call/Email
Posting: 285309 | Available | 5/15/24
Situated at a prime corner spot on a bustling main block in Los Angeles, this establishment resonates with rich global influences, creating a unique and inviting atmosphere. Boasting adaptable space accommodating up to 140 guests, the venue features timeless design elements.
Asking Price
$825,000
Cash flow
$200,524
Revenue
$1,314,394
Down
$285,000
Posting: 285041 | Available | 5/16/24
This greater Silverlake/Glendale area market combines a carefully curated assortment of natural and organic wines, beers, spirits and beverages, food, merchandise and home goods with organic produce, breads and specialty provisions sourced locally to ensure freshness.
Asking Price
$285,000
Cash flow
Cal//Email
Revenue
$1,400,000
Down
$112,500
Posting: 286469 | Available | 5/15/24
An established boba business is selling a high-performing store, along with exclusive territory rights for the Bay Area. The business offers several streams of residual income and operates as a turnkey operation, making it easy to manage. However, potential buyers must possess restaurant experience.
Asking Price
$750,000
Cash flow
Call/Email
Revenue
$360,000
Down
$150,000
Posting: 278881 | In Contract | 7/12/23
For sale is a long-established fish & chip restaurant with property. The seller has been running it for 20 years. It is 100% absentee-run and there are many ways to increase the gross volume and net income. It needs new buyers actively involved in the business. There are 3 full-time and 1 part-time.
Asking Price
$549,000
Cash flow
$1,123,820
Revenue
$19,230,455
Down
$4,250,000
Posting: 278395 | Available | 3/11/24
This full-service independent grocery store is located in the foothills of the Northern California Gold Country. Well established in the community, this store features full meat, bakery, deli, and floral department. With an average of over $1 Million in EBITDA, this opportunity is perfect.
Asking Price
$4,250,000
Cash flow
Call/Email
Revenue
$1,000,000
Down
Call/Email
Posting: 285217 | Available | 2/16/24
For sale is a fast food, fish & chips restaurant (Fish Market). They are closed on Sundays but open 6 days a week. It is well-established and the owner is retiring. The annual sales are $1 million and the asking price is $550,000.
Asking Price
$550,000
Cash flow
$144,000
Revenue
$780,000
Down
Call/Email
Posting: 283742 | Available | 11/8/23
If you are seeking savory and authentic Chinese food in the South Bay, there is no better place than this Chinese food that makes you crave more of their authentic Chinese food in Torrance. All ingredients are fantastic quality and it is always top quality and fresh.
Asking Price
$144,000
Cash flow
$27,647
Revenue
$1,646,683
Down
$100,000
Posting: 285409 | Available | 2/28/24
Seize this rare opportunity to own a distinguished dining venue in a prime area, boasting an investment of over $1.6 million in elegant design and state-of-the-art kitchen facilities. Ideal for an owner-operator, this property offers a turnkey solution for immediate entry into upscale dining market.
Asking Price
$100,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280249 | Available | 4/25/24
For sale is a fast food restaurant located in a shopping center with lots of foot traffic. There is a brand big grocery store in the same plaza. It is easy to operate. They are open for 5 days ONLY, from Monday to Friday. There's big potential to increase sales by opening Saturday and Sunday.
Asking Price
$80,000
Cash flow
$55,200
Revenue
$552,000
Down
$169,000
Posting: 282855 | Available | 5/16/24
Price reduced! For sale is a delicious Papa John's pizza franchise located in the Pomona area. It is fully equipped with everything you need. There is a large walk-in refrigerator too. It has a low rent of only $3,800/month, NNN included, and a lease of 5 years + a 5 year option.
Asking Price
$189,000
Cash flow
$97,000
Revenue
$517,000
Down
Call/Email
Posting: 283209 | In Contract | 3/22/24
This popular bakery specializes in cupcakes, custom cakes, cheesecakes, and bread pudding. It provides local customers with delicious confectionary baked goods. The business does a lot of wedding cakes and party orders. It is award-winning and is semi-absentee run.
Asking Price
$120,000
Cash flow
$41,533
Revenue
$326,720
Down
Call/Email
Posting: 286543 | Available | 5/13/24
Dive into a sweet opportunity with this flourishing organic ice cream business situated in a prime retail location on a bustling main thoroughfare in an affluent East Bay city. Renowned for its commitment to quality and sustainability, this business stands out by offering an array of flavors.
Asking Price
$195,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 283417 | Available | 10/17/23
This business is located in a busy retail center in Pleasanton. The center has a well-known supermarket as its primary tenant. The location is near the junction of Hwy 580 and 680 and in the primary shopping area of the desirable part of Pleasanton.
Asking Price
$105,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286358 | Available | 5/1/24
A Chinese restaurant for sale, beautifully designed and built from scratch in 2017, is now on the market. The property is up to code and features ample parking. Inside, there are ten hoods above tables with table stoves, along with a beer and wine license.
Asking Price
$190,000
Cash flow
$519,390
Revenue
$3,620,497
Down
$1,650,000
Posting: 277604 | Available | 11/14/23
This acclaimed wholesale bakery with a retail component is a category leader when it comes to the accolades and media attention bestowed upon it. The wholesale side of the business generates nearly $3M in annual revenues, while the retail side contributes nearly $1M in revenues.
Asking Price
$1,550,000
Cash flow
$60,000
Revenue
$35,472,476
Down
$175,000
Posting: 280858 | Available | 9/28/23
For sale is a Baskin Robbins ice cream franchise. It is a very visible and busy corner location near the CSU of LA. This has been a long-established brand in the same location for over 45 years and has been with the current owner for 17 years. The price has reduced from $208,000 to $175,000.
Asking Price
$175,000
Cash flow
$156,000
Revenue
$1,020,000
Down
$599,000
Posting: 256413 | Available | 10/10/20
This fantastic bakery is the best in the area. This bakery is definitely a hidden gem. The unique pasties and bagels are a must to try. This bakery is located in the upscale community and cozy, peaceful place to kill in the area.
Asking Price
$599,000
Cash flow
Call/Email
Revenue
$840,000
Down
Call/Email
Posting: 281297 | Available | 9/7/23
For sale is a fast food restaurant with an excellent location. It has been established for 35 years under the same owner at 4,200 sq ft. and is fully equipped with a walk-in cooler, freezer, office, and employee lockers. It serves burgers, tacos, burritos, and more. But a new concept can be used.
Asking Price
Reduce Price 275K
Cash flow
$133,888
Revenue
$642,190
Down
$525,000
Posting: 286431 | Available | 5/6/24
This cozy and intimate lounge offers a relaxed environment for those seeking a low-key night out in the city. With its soft lighting, comfortable seating, and warm atmosphere, it's an ideal spot to unwind with friends or enjoy a drink.
Asking Price
$525,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285500 | Available | 3/5/24
This is a burger and cheesesteak restaurant for sale in Downtown Oakland. It is located close to a federal building, and civic center. The neighborhood is very nice and right in front of this office building is a walkway area with places to go for lunch, not just Starbucks.
Asking Price
$75,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$975,000
Posting: 286467 | Available | 5/8/24
Unlock the door to your future with this unique and profitable creamery/ice cream chain Business, which boasts two prime locations in San Fernando Valley. The sale price encompasses the business name and recipe. They manufacture their own ice cream, specializing in rolled ice-cream.
Asking Price
$975,000
Cash flow
$193,982
Revenue
$801,879
Down
Call/Email
Posting: 283956 | Available | 2/13/24
Since 1977, this restaurant has been a beloved provider of authentic and award-winning Thai cuisine serving La Canada Flintridge and its surrounding communities. Generations of customers have returned time and time again to eat classic favorites!
Asking Price
$350,000
Cash flow
$264,000
Revenue
$1,632,000
Down
$1,600,000
Posting: 286237 | Available | 4/23/24
For sale is a distinguished French Pastry Franchise that has quickly established itself as a leader within its market. The franchise's growth is a testament to the franchisor's expertise in creating a varied menu of specialties that reflect the changing seasons and a variety of holidays.
Asking Price
$1,600,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 280168 | Available | 4/30/24
This is a family-owned coffee shop for sale in the Castro Valley shopping center near Panda Express and other retail shops. This coffee shop has been a staple in the community of Castro Valley for many years. They serve teas, baked goods and sandwiches, bagels, and more. It is run by a couple.
Asking Price
$108,000
Cash flow
$300,000
Revenue
$1,500,000
Down
Call/Email
Posting: 286540 | Available | 5/13/24
This place is a hole-in-the-wall downtown and the food is amazing, excellent, tasty, phenomenal and second to none and this place is without question the best BBQ restaurant and the quality of the food is unprecedented, mouthwatering and out of this world.
Asking Price
$999,000
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
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Restaurant franchise offerings are among the most popular of the business types potential business buyers seek. What many would-be owners don't realize is that there are specific tips for buying fast food or restaurant franchises that don't necessarily apply to independent restaurants for sale.
Owners often ask agents to sell business offerings for them. It's usually more difficult than selling houses when working to find a buyer for a business, to satisfy contingencies and close escrow. Business sales intermediaries either agents or brokers may want large fees, but often are worth it.
There are a handful of key asset categories in allocating or breaking down the purchase price allocation of a business sale. The allocation is required to complete the transaction. Lee Petsas, a Southern California business broker reviews this topic in detail for buyers and sellers of businesses.
The process for making a liquor license transfer used to take approximately 55-70 days, but now because of labor shortages and work protocols, it can be up to 3 months in California, for example. The longer an escrow is open, the greater the chance of having it fall out of escrow.
For starters, a pop-up restaurant is a short-lived dining experience in a temporary location, most found in abandoned factories or warehouses, rooftops, barns, or an already existing restaurant location, so basically anywhere done legally and safely. They exist for a few days, weeks or a few months.
A BizBen blog reader emailed me this question: "I am starting due diligence this week on buying a cocktail bar With a 48 license what should I be asking for, thinking about, watching out for? Is there a list of items I should ask for?" Peter Siegel with BizBen answers this question.
Owning a bar is a fantasy that many can claim. Who hasn't once thought about what it would be like to own and manage the hottest place in town? Like all business investments, there are important factors to consider before you jump in and buy a bar. Peter Siegel, Founder of BizBen.com discusses...
Four factors to consider when buying a bar. Peter Siegel with BizBen.com discusses: The advantages and disadvantages of a bar that serves food as well as liquor. Staffing, inventory control and owner involvement as they relate to a good business are summarized. Benchmarks when looking at financials.
Financing a yogurt shop for sale can be challenging. Here, you'll learn the real scoop behind financing a yogurt shop for sale to help it be profitable from the start. Peter Siegel with BizBen discusses strategies on this topic.
The restaurant business is a tough business to be in, no one can dispute that, and so it's imperative that an owner's equipment is in good working condition. A new owner should make sure that the restaurant's equipment is in good working order before they close escrow. We discuss this topic.
In this Discussion, we define financing options available to potential restaurant buyers when purchasing a small to mid-sized restaurant business (with or without real estate). When it comes to financing a restaurant purchase, potential restaurant buyers have several options to choose from.
Buying a seasonal small business restaurant can be challenging, but Joe Ranieri a business broker restaurant specialist and others in this BizBen Discussion review multiple ways to offset these factors and still get the most from buying and operating a small to mid-sized seasonal restaurant.
Buying a small to mid-sized restaurant can have many pitfalls, and potential restaurant buyers should know how to avoid getting burned! Several restaurant advisors weigh in with (Peter Siegel, MBA at BizBen) and discuss tips for buying a restaurant in California.
What are some reasons a business that was previously on the market with another broker didn't sell? Every broker or agent understands that not every business they list will result in a sale. There can be many reasons small businesses don't sell and many are discussed on this BizBen Discussion post.
Was chatting with a potential buyer of a restaurant in our BizBen ProBuy Program and he asked me what he should look for in due diligence when he finally did find a restaurant he was interested in. Peter Siegel, MBA with BizBen and others on BizBen explore this topic.
My restaurant recently upgraded its beer with wine license to a full-service liquor license, and if I sell, how much can that increase my selling price? A Southern California restaurant broker specialist initiates this discussion and other advisors, business brokers, agents weigh in on this topic.
Ice cream shops are a favorite with buyers of small businesses, but many times don't know what to look for when seeking a purchase of a shop. Joe Ranieri and other intermediaries and advisors share their experience and expertise to potential ice cream shop owners. Explore these tips to learn more.
Butcher shops, once a vestige, are increasingly becoming popular again in many metropolitan and suburban cities. In this Discussion Post on BizBen, Joe Ranieri (Orange County & LA County Business Broker) discusses various issues of buying a butcher shop and what that entails for business buyers.
For those who don't know, a non-compete agreement is a contract between a buyer and seller of a business, which after the sale, prohibits the seller from engaging in direct competition with the business they previously sold. Joe Ranieri (Business Broker) adds this topic to a BizBen Discussion Post.
In our BizBen.com June 2021 Monthly Report the top ProIntermediaries and ProAdvisors on BizBen offer their thoughts about the current status of the business for sale marketplace with trends and predictions for Business Buyers, Owner/Sellers, Business Brokers, Agents, Advisors in the near future.
Can a seller of a small business back out of an ongoing escrow? Probably, yes, it all depends how far along the escrow is, which will dictate how messy things will get for both owner & buyer. Joe Ranieri (Southern California Business Broker) gives his feedback with others on this BizBen Discussion.
Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients.
Changing hands of business ownership can seem both exciting and daunting to all parties involved, but it's important that a smooth transition occurs to maintain or achieve success of the business. Here are some tips I recommend ensuring things go smoothly when buying a California small business.
As the year winds down, it's tempting for business brokers to go through their old files and throw them out to make room for new client's folders, but that would be foolish. Joe Ranieri (Orange County Business broker) discusses strategies for saving files - a key annual strategy for brokers/agents.
Should small business owners/sellers or brokers/agents give potential buyers direct access to past company tax returns and financials (profit & loss statements) either before or pre the due diligence process? Multiple ProIntermediaries and ProAdvisors discuss this topic on this BizBen Discussion.
When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA a business purchase financing expert delves into the myths regarding SBA financing and business purchase financing.
We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
Overpricing is the number one mistake sellers and their brokers make when putting businesses on the market. Even profitable, well-managed businesses can get buried under a bad number. Brian Loring (Los Angeles County Business Broker) discusses "the tangible trap" and how to avoid it when selling.
A huge part of any exit strategy is properly planning for that moment in time when employees find out the business is for sale or, preferably, has been sold. Your workers have been kept in the dark for as long as possible. Some won't be a bit surprised. Others may be devastated.
Buying a small business is hard enough when there is no competition, so how might a buyer navigate the process when there is additional competition from other buyers? Peter Siegel, MBA (BizBen ProBuy Program) and others explain a few of the ways that a buyer can beat out other buyers.
When purchasing a small to mid-szied business, there are a multitude of things to evaluate. One area that is often overlooked is the business's culture. Peter Siegel, MBA with BizBen discusses with potential buyers the importance of understanding how the business runs on a day-to-day basis.
Negotiating the terms of a business deal is a delicate process, where one wrong move can cost you the business that you wanted to purchase. Peter Siegel, MBA (BizBen ProBuy Program) discusses the ins and outs of negotiations, and how to work well with the seller to get a deal done.
It's important to remember that selling a business takes time. Unlike selling a house, which can be sold relatively fast, a business can take up to six months to a year to sell. I discuss this topic with other advisors and intermediaries on this BizBen Discussion.
There are a lot of misconceptions about what enhances the value of a business. The following factors in this Discussion are aspects of a business that really drives its value and pricing. A business owner asked me this question today so I wanted to get others view points as well in this Discussion.
